U.S. meat export sales fell during the week ending September 7th. The USDA says beef exports were nearly half of the previous week and pork was down, as U.S. exports in general continue to see the impacts of heavy global competition and the relative strength in the dollar. Corn...
Last Friday’s Five Area weighted average price for beef breed steers was $182.75. Negotiated sales were mostly $180 in the south. Northern sales were mostly $183, with $185 reported Friday. Wisconsin auction markets reported higher prices to open this week. Recent strength in Live Cattle futures should help sellers leverage...
SAO PAULO, Sept 12 (Reuters) – Brazil’s consumer prices as measured by the benchmark IPCA index rose slightly less than expected in August, data from government statistics agency IBGE showed on Tuesday, cementing expectations the country’s central bank will cut interest rates next week. Prices were up 0.23% in...
The herd has been rebuilt and is at least entering a steady state, if not a light liquidation. As such we can expect some new four or five-year highs in terms of beef exports. In August we saw just that, but it’s the destinations which are more interesting. Total...
In the second breakthrough in three months, India said on the sidelines of the G20 summit meeting that it would reduce import duties on frozen U.S. turkey and duck meat. Lower tariffs will give U.S. exports a chance to win sales in the rapidly growing market, said U.S. poultry...
Exports for 2023 are 60% lower than in 2022 As a result of more stable trading partner chicken meat supplies, 2024 chicken meat exports are forecast unchanged for Mexico, according to a recent US Department of Agriculture (USDA) Global Agricultural Information Network (GAIN) report. Mexico is currently the sixth largest chicken meat...
China, known for its voracious appetite for beef, pork, and chicken, has historically been a driving force in the global meat industry. However, recent shifts in China’s economy are beginning to curb its meat consumption, a development highlighted in a recent Bloomberg report. Despite the easing of COVID-19 restrictions...
Although at a slower rate of growth compared to the last two years, imports are forecast to increase by 5% in 2024, driven by robust domestic demand, according to a recent US Department of Agriculture (USDA) Global Agricultural Information Network (GAIN) report. Imports are forecast 5% higher from 2023 at 1.0...
LAHORE: “Implementation of the traceability system in the livestock sector will not only lead to enhanced quality of meat but also foster an upsurge in meat exports. By improving quality standards, the meat which is currently sold at US two dollar per kg globally can attract prices up to...
Western Hemisphere markets bolster July pork exports; July beef exports climb to Mexico and Taiwan but most markets trend lower. Building on a robust first-half performance, July exports of U.S. pork continued to outpace year-ago levels, according to data released by USDA and compiled by the U.S. Meat Export...